| ABN & GST registration 2 years+ | ABN & GST registration 1-2 years |
|---|---|
| Application / Privacy Form | Application / Privacy Form |
| Clear Identification / AML | Clear Identification / AML |
| Clear credit history | Clear credit history |
| Acceptable trade reference | Acceptable trade reference |
| Directors guarantee/s | Directors guarantee/s |
| Asset backed or 20% upfront payment required | Asset backed or 30% upfront payment required |
| Insurance details required | Insurance details required |
| Most recent BAS or last 3 months bank statements | |
| Applications > $25k require supporting financial statements |
Maximum loan size is $25k |
Conditions
- Product is standard rental only
- Commercial purposes only
- Repayments monthly in advance
- Apply to Buy options available upon request
- Property backed applications do not require upfront payment
- Payments via Direct Debit only unless otherwise approved
- New or used identifiable assets acceptable
- Maximum exposure of $40,000 ex. GST in first 12 month for any individual client
- Trust deeds required where applicable
- Supplier to be formally accredited before accepting applications
- Settlements on scanned copies acceptable. Originals to be mailed.
- MAF reserves the right to request additional information as needed